3 Rollins Rd, Round Lake Beach, IL 60073-1303
This exceptional 5,483-square-foot freestanding retail building, located at 3 W Rollins Rd in Round Lake Beach, IL 60073, presents a unique investment opportunity. Built in 1983, this single-story Class B property sits on a 0.47-acre lot and boasts 13 dedicated parking spaces, a drive-in door, and prominent pylon and building signage areas. The C-3 zoning allows for a variety of uses, including but not limited to automotive repair, detailing, car washes, auto glass repair, car audio installation, a small used car lot, restaurant, fitness facility, small market, or daycare. The property includes five car lifts, a tire machine, and a tire balancer, which may be included for the tenant, or removed as needed. A functioning waste oil heater provides cost-effective heating. With over 32,000 vehicles passing daily, this high-visibility location offers significant potential for any business. The property's APN is 06-17-407-006. The owner is open to various uses permitted by the Village of Round Lake Beach. This is an excellent opportunity to acquire a well-maintained property in a high-traffic area with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.